xx, 354 pages ; 23 cm

Traces the history of the oil market, explains the fundamentals of oil production, examines the myths and controversies surrounding the production and distribution of oil, and speculates on future challenges in the oil market

Includes bibliographical references (pages 291-335) and index

John D. Rockefeller's cursed legacy -- The age of gasoline and oil imperialism -- The carve-up of Arabia's oil -- The oil glut of the 1930s -- Cold War fears and the U.S.-Arabian link -- The Iran tragedy and the "seven sisters" cartel -- The golden age of oil and its limits -- Oil and the explosion of Arab nationalism -- The first oil shock -- The second oil shock -- The countershock -- A storm in the desert : the first gulf crisis -- The Soviet implosion and the troubled Caspian El Dorado -- The collapse of oil prices and industry megamergers -- The first oil crisis of the twenty-first century -- Are we running out of oil? -- The inner secrets of oil -- The puzzle of oil reserves and production, and the quest for their control -- The problems with oil quality, price, and consumption trends -- Flawed forecasts, foggy alternatives to oil -- Arabs, Islam, and the myth of oil security -- Appendixes. 1. Proven reserves, production, and reserves life index of the first twenty oil countries in the world and world totals (2004) ; 2. Consumption trends of the first twenty countries in the world (1980-2004) ; 3. Main features of some qualities of crude oil ; 4. The largest national oil companies ; 5. The largest international oil companies

plus-circle Add Review

comment

Reviews